fees experienced an unexpected spike, leading to a corresponding increase in miner fees.However, this spike has since subsided, resulting in declining transaction fees and miner revenue.Runes has contributed approximately $117 million to transaction fees thus far. Notably, more than half of these fees were generated on the day of the Bitcoin halving.
As depicted by a Glassnode chart, miner revenue has dropped into negative territory, indicating that mining difficulty exceeded the reward earned.
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